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Ireland, United Kingdom - May 24 2012
Quite often in transactions or when signing an agreement, an issue may crop up which the parties agree to deal with post completion or post execution of an agreement.
United Kingdom - April 12 2012
A recent case in the UK shows that agreeing to an earn-out as part of the purchase price for a business does not always produce the desired results, especially if expectations on both sides are just too high.
United Kingdom - January 3 2012
A recent English case from November 2011, Porton Capital Technology Funds & Ors v 3M UK Holdings Ltd & Anor, considered a claim by the sellers that the purchaser had breached certain undertakings in a share purchase agreement entered into between them relating to the conduct of the target company's business during the earn-out period.
Ireland, United Kingdom - November 15 2011
Most parties who have been involved in any sort of commercial negotiations leading to written contracts will be reasonably familiar with the terms "best endeavours" and "reasonable endeavours", used in circumstances where it is not possible to give an absolute contractual commitment.
Ireland - January 21 2011
Most parties who have been involved in any sort of commercial negotiations leading to written contracts will be reasonably familiar with the terms "best endeavours" and "reasonable endeavours", used in circumstances where it is not possible to give an absolute contractual commitment.
